District of Columbia money lender bonds.
$100 for the $5,000 bond.
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Every District money lender license requires a $5,000 bond under D.C. Code § 26-903, conditioned on obeying the laws that govern the lending business and renewed and refiled each October. DISB administers the license through NMLS. Our premium is 0.6% of the bond amount, $100 minimum, so $100 for the $5,000 bond.
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How much does a District of Columbia money lender bond cost?
$100 for the $5,000 bond: the carrier’s $100 minimum, since 0.6% of the amount comes to less.
Three steps. One sitting.
Money lender license bonds are among the simplest filings in surety. Here is the entire process:
Apply online
Business details, an effective date, and a term. That is the application. No credit check.
Pay & e-sign
This bond is checkout-priced — $100 for the $5,000 amount, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File through NMLS
DC money lender licensing runs through NMLS. Your executed bond arrives by email, ready to associate with your license record for DISB.
What it is and who needs it.
What the bond actually guarantees
The District's money lender licensing law, D.C. Code § 26-901 et seq., requires a license before engaging in the business of lending money in the District — a statute that reaches consumer lenders, installment lenders, and online lenders serving DC borrowers. Section 26-903 requires each application to be accompanied by a bond to the District of Columbia in the penal sum of $5,000.
It's a three-party arrangement: you (the principal), the surety carrier, and the District as obligee. The bond is conditioned on the licensee not violating any law relating to the money lending business — the rate, disclosure, and conduct rules that protect District borrowers. Execution by an authorized surety company satisfies the statute's two-surety requirement.
It is not insurance for you — if the surety pays a claim, you repay the surety. The statute requires the bond to be renewed and refiled annually in October; a licensee that lets it lapse must stop doing business within 30 days and faces revocation. We track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $5,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File through NMLS. DC money lender licensing runs through NMLS. Your executed bond arrives by email, ready to associate with your license record for DISB.
What sets the price
The premium is 0.6% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields — business details, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Other District of Columbia bonds.
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Price and requirements checked on the carrier’s application, . Page updated .
Finish your money lender license today.
$100 for the $5,000 bond, issued the moment you pay, no credit check. Free until issued.